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News Release: FOR IMMEDIATE RELEASE: Crown Tenant Advisors Grows Territory and Sales Force
Chuck Fisk joins healthcare real estate firm to serve Alabama market Atlanta, GA, June 26, 2018 – Crown Tenant Advisors, a boutique healthcare real estate firm, announced today it will expand its services into Alabama and Northwestern Florida through the hiring of new Managing Director, Chuck Fisk. Fisk is a licensed commercial real estate broker […]
News Release: Welltower and Brookdale Senior Living Enter Into Broad Collaborative Relationship Restructuring
Welltower’s overall Brookdale concentration is expected to decrease from 7.6% to 2.9% of In-Place NOI, while improving lease coverage on the remaining Brookdale portfolio to 1.31x EBITDAR. Provides a right sized long-term relationship with Brookdale that could allow for additional future growth opportunities. Initiates a new RIDEA joint venture with Pegasus Senior Living led by […]
News Release: Children’s Healthcare of Atlanta Files Certificate of Need Application for North Druid Hills Hospital
ATLANTA (June 25, 2018) – Egleston Children’s Hospital, a subsidiary of Children’s Healthcare of Atlanta, today filed a Certificate of Need (CON) application for additional beds for its planned hospital at North Druid Hills Road in Brookhaven. The application relates to additional beds and expanded services that, when combined with its recently approved relocation Letter […]
News Release: $21.5 Million Medical Office Building Opens
Providing New Medical Services to the Region Elected officials, community leaders, and healthcare professionals formally dedicated the new Browns Mills Medical Office Building on the campus of Deborah Heart and Lung Center, in the Browns Mills section of Pemberton Township. The new 60,000 square foot, 3-story, $21.5 million medical building is owned and operated by Landmark Healthcare Facilities, LLC of Milwaukee, and is […]
News Release: Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening of Iowa’s first and only freestanding rehabilitation hospital, Mercy Rehabilitation Hospital in […]
News Release: Flagship Healthcare Properties Acquires Medical Campus in Georgia
Flagship Healthcare Properties Grows Portfolio with Acquisition in Georgia Flagship Healthcare Properties has made a new acquisition in the state of Georgia, acquiring for its private REIT portfolio the RiverStone Medical Campus (“RiverStone”) in Blue Ridge, 90 miles north of Atlanta. The Class A, ±75,000 square foot medical office building is located at 101 RiverStone […]
News Release: Announcement – $20,700,000 Medical Office Sale / Fairfield Advisors
Fairfield Advisors announces sale of Tuscano Medical Office and Horizon Surgery Center in Henderson, NV. – $20,700,000 Transaction – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of the Tuscano Medical Office Building and Horizon Surgery Center located at 10561 Jeffreys Street in Henderson, NV. The medical building totals […]
News Release: Deal: Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities
Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities Capital One announced today that it provided a $65 million adjustable-rate loan to Holiday Retirement to recapitalize two senior housing facilities that it owns and operates. Located in Cincinnati, Ohio, and Austin, Texas, the properties comprise 412 units, of which 379 are […]
News Release: CIT loan to MOB
CIT Closes on $26.6 Million Loan for Rockville, Md., Medical Buildings CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, has closed on a $26.6 million loan to finance the purchase of two adjoining medical office buildings in Rockville, Md. The properties, known as the Shady […]
News Release: HFF announces capital raise for The Vineyards at Brookfield in Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces the capital raise for The Vineyards of Brookfield, a to-be-built, 146-home, age-restricted (55+) townhome community with a total project cost of $58 million in the Long Island community of Center Moriches, New York. The HFF team worked on behalf of the developer, Ornstein Leyton Company (OLC), to secure an […]
News Release: NKF Capital Markets Orchestrates Sale of Medical Office Building in Mass
NKF Capital Markets Orchestrates Transaction of 67 South Bedford Street The Davis Companies Sells Class A Medical/Office Building to Anchor Health Properties NKF Capital Markets has successfully completed the sale of 67 South Bedford Street in Burlington, Massachusetts to one of Anchor Health Properties’ existing institutional joint ventures. On behalf of The Davis Companies, NKF […]
News Release: Carter Validus Mission Critical REIT II, Inc. Announces Acquisition of a Medical Office Building in Carrollton, Texas for Approximately $8.5 Million
Carter Validus Mission Critical REIT II, Inc. Announces Acquisition of a Medical Office Building in Carrollton, Texas for Approximately $8.5 Million On June 11, 2018, Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a public, non-traded, real estate investment trust focused on assembling a diversified portfolio of net-leased data center and […]
News Release: HarborChase of South Oklahoma City Project Breaks Ground
Retirement Associates, Confluent Senior Living Enter into Oklahoma Market to Deliver Senior Living Community Project partners Confluent Senior Living and Harbor Retirement Associates (HRA) are pleased to announce the start of construction on HarborChase of South Oklahoma City, a 102,000-square-foot assisted living and memory care community. Marking the first Oklahoma development for both Confluent Senior […]
News Release: Cornerstone Companies Closes MOB Fund II, Acquires Crittenton Medical Plaza in Oxford, MI
Cornerstone Companies, Inc. announced this month that it has acquired the 19,123-square-foot Crittenton medical office building in Oxford, MI, for a total of $5.7 million. The property was purchased through the Cornerstone MOB Fund II, a private equity fund focused solely on the medical real estate. The acquisition of the Crittenton Medical Plaza is the […]
News Release: NKF and JLL Complete Lease for TeamHealth
Newmark Knight Frank and JLL Complete Lease Relocation and Restructure for TeamHealth Newmark Knight Frank (NKF) and JLL announced the completion of a 51,290-square-foot lease for medical staffing firm TeamHealth. TeamHealth will consolidate and relocate approximately 400 employees to Corporate Pointe at West Hills, located at 8511 Fallbrook Ave. NKF’s Executive Managing Director David Kluth […]